Google (GOOG) Offering Possible 13.64% Return Over the Next 9 Calendar Days

This article was originally published on this site

Google’s most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $1025.00 short call and a strike $1035.00 long call offers a potential 13.64% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $1025.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $8.80 would be incurred if the stock rose above the $1035.00 long call strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Google is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Google is bearish.

The RSI indicator is at 33.87 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Google

The shocking profession with the biggest gender wage gap
Tue, 10 Apr 2018 08:59:15 +0000
Equal Pay Day: Studies also show the gender wage gap is pronounced for Hispanic and black women.

Google appeals Indian antitrust watchdog’s ‘search bias’ verdict: sources
Tue, 10 Apr 2018 07:27:56 +0000
Online search giant Google has filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against a judgment from India’s competition watchdog that found it guilty of “search bias”, two sources aware of the matter told Reuters. In February, the Competition Commission of India (CCI) imposed a 1.36 billion rupees ($20.95 million) fine on Google, saying it was abusing its dominance in online web search and online search advertising markets.

Comcast Challenges Amazon’s, Apple’s, and Google’s Leadership In Smart Home Tech
Tue, 10 Apr 2018 03:59:00 +0000
Alexa, Siri, and the Google Assistant just got some additional competition — from the TV. And your phone. And your smartwatch.

This Is Google’s Best Shot to Get Into TV Advertising
Tue, 10 Apr 2018 00:25:00 +0000
Disney is looking for a new ad technology provider.

1 Reason to Buy Himax Technologies Stock, and 1 Reason to Stay Away
Mon, 09 Apr 2018 23:09:00 +0000
Himax Technologies is sitting on a huge catalyst, but this doesn’t make it a safe bet given a chequered past.

Be Sociable, Share!

Related Posts